tv Asia Business Report BBC News July 17, 2023 12:30am-12:45am BST
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�* outside �*outside of �* outside of the its only member outside of the region. the now 12 countries with the partnership also include australia, new zealand, canada, chile, japan and malaysia and to add $2 billion to the economy and add gdp of 0.08%. despite that, the business and trade minister who signed the treaty of new zealand described it as an important step for britain. we are all important step for britain. - are all honoured to become the first new member tojoin are all honoured to become the first new member to join this extraordinary community of now 12 economies spanning asia, the pacific and now europe. this is a modern ambitious agreement in this exciting growing in forward—looking blog is proof that the uk doors are open for business. , . , that the uk doors are open for busines— business. janet is in india and the news _ business. janet is in india and the news conference - business. janet is in india and the news conference of- business. janet is in india and
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the news conference of the i business. janet is in india and l the news conference of the 620 the news conference of the g20 finance ministers, they said the business that beijing helped put the us and china relationship on sure footing. they also said they are eager to work with china on areas of mutual interest including debt restructuring for poor countries. speaking of china, the second biggest economy is due to report its growth figures injust a due to report its growth figures in just a few hours from now. in addition to gdp for the second quarter, will also get thejune readings for unemployment as also get the june readings for unemployment as well as retail sales. all of the information that we've had, we were speaking with the insights of what is happening. i speaking with the insights of what is happening.— speaking with the insights of what is happening. i think the gdp can be — what is happening. i think the gdp can be a _ what is happening. i think the gdp can be a bit— what is happening. i think the gdp can be a bit misleading l gdp can be a bit misleading because _ gdp can be a bit misleading because for— gdp can be a bit misleading because for the _ gdp can be a bit misleading because for the second - gdp can be a bit misleading - because for the second quarter, could _ because for the second quarter, could be — because for the second quarter, could be around _ because for the second quarter, could be around 17% _ because for the second quarter, could be around 17% which - because for the second quarter, could be around 17% which is . could be around 17% which is higher— could be around 17% which is higher than_ could be around 17% which is higher than the _ could be around 17% which is higher than the 4.5% - could be around 17% which is higher than the 4.5% and - could be around 17% which isi higher than the 4.5% and this is all— higher than the 4.5% and this is all because _ higher than the 4.5% and this is all because of— higher than the 4.5% and this is all because of the - higher than the 4.5% and this is all because of the low- higher than the 4.5% and this is all because of the low base marked — is all because of the low base marked a _
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is all because of the low base marked a year— is all because of the low base marked a year and _ is all because of the low base marked a year and we - is all because of the low base marked a year and we all- marked a year and we all remember— marked a year and we all remember last— marked a year and we all remember last april- marked a year and we all remember last april andl marked a year and we all- remember last april and may, from — remember last april and may, from a — remember last april and may, from a sequential— remember last april and may, from a sequential growth - from a sequential growth momentum, _ from a sequential growth momentum, we - from a sequential growth momentum, we actuallyl from a sequential growth . momentum, we actually see economic— momentum, we actually see economic growth— momentum, we actually see economic growth is - momentum, we actually see economic growth is slower. momentum, we actually see i economic growth is slower than the second _ economic growth is slower than the second quarter— economic growth is slower than the second quarter and - economic growth is slower than| the second quarter and demand is fading — the second quarter and demand is fading external— the second quarter and demand is fading external and _ the second quarter and demand is fading external and it's - is fading external and it's deteriorating _ is fading external and it'sl deteriorating domestically is fading external and it's - deteriorating domestically and confidence _ deteriorating domestically and confidence is _ deteriorating domestically and confidence is low _ deteriorating domestically and confidence is low and - deteriorating domestically and confidence is low and get - deteriorating domestically and confidence is low and get the i confidence is low and get the government— confidence is low and get the government has— confidence is low and get the government has been- confidence is low and get the . government has been somewhat reluctant— government has been somewhat reluctant to _ government has been somewhat reluctant to come _ government has been somewhat reluctant to come up _ government has been somewhat reluctant to come up with - reluctant to come up with policy— reluctant to come up with policy stimulus. - reluctant to come up with policy stimulus.— reluctant to come up with policy stimulus. what do you exect? policy stimulus. what do you expect? overall, _ policy stimulus. what do you expect? overall, the - policy stimulus. what do you expect? overall, the labourl expect? overall, the labour market is — expect? overall, the labour market is slowly _ expect? overall, the labour market is slowly improving | expect? overall, the labour. market is slowly improving in the unemployment _ market is slowly improving in the unemployment rate - market is slowly improving in i the unemployment rate should continue — the unemployment rate should continue to— the unemployment rate should continue to decline _ the unemployment rate should continue to decline and - the unemployment rate should continue to decline and i - the unemployment rate should continue to decline and i thinkl continue to decline and i think some — continue to decline and i think some the _ continue to decline and i think some the focus _ continue to decline and i thinki some the focus unemployment which — some the focus unemployment which is — some the focus unemployment which is over— some the focus unemployment which is over 20% _ some the focus unemployment which is over 20% and - some the focus unemployment which is over 20% and could i which is over 20% and could actually _ which is over 20% and could actually go _ which is over 20% and could actually go even _ which is over 20% and could actually go even higher- which is over 20% and could actually go even higher in l which is over 20% and could. actually go even higher in the coming — actually go even higher in the coming months _ actually go even higher in the coming months because - actually go even higher in the coming months because we l actually go even higher in the . coming months because we have nearly— coming months because we have nearly 10 — coming months because we have nearly 10 million _ coming months because we have nearly 10 million graduates - nearly 10 million graduates coming _ nearly 10 million graduates coming in _ nearly 10 million graduates coming in the _ nearly 10 million graduates coming in the labour-
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nearly 10 million graduates. coming in the labour market nearly 10 million graduates . coming in the labour market i think— coming in the labour market i think that's _ coming in the labour market i think that's one _ coming in the labour market i think that's one of— coming in the labour market i think that's one of the - coming in the labour market i think that's one of the key- think that's one of the key concerns— think that's one of the key concerns at— think that's one of the key concerns at this _ think that's one of the key concerns at this moment. | think that's one of the key concerns at this moment. chief asia pacific _ concerns at this moment. chief asia pacific vanguard. - concerns at this moment.“ asia pacific vanguard. shipping up asia pacific vanguard. shipping up to be a very busy week for corporate earnings. running few —— running through a few names, while the piers goldman sachs will be reporting on wednesday and make her tesla also, stateside streaming service netflix will release its latest quarterly report card and posting results in a popular wednesday, australia producer petroleum and what is been a big period for oil and gas prices. taiwan semiconductor manufacturerjoins the manufacturer joins the reporting list and will be looking out for the updates on demand and the ai race. the
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automotive world is changing and changing rapidly and nowhere was the more visible thing that the festival of speedin thing that the festival of speed in southern england. and using the events for their electric offerings in the american giant turned its own into a stand—alone division thatis into a stand—alone division that is separate from the company known as the model e. darren palmer is the vice president of the operations and spoke to a reporter. in president of the operations and spoke to a reporter.— spoke to a reporter. in order to move _ spoke to a reporter. in order to move as— spoke to a reporter. in order to move as fast _ spoke to a reporter. in order to move as fast as _ spoke to a reporter. in order to move as fast as we - spoke to a reporter. in order| to move as fast as we believe will be necessary, we want to split the company into three, model year electric and hybrid for the profession which allows us to move faster and focus. it's also like to start up. you're still a part of a major car company and up to computers of the start up which allowed in the attitude and style of
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the way we work. people come from a software background and we are integrating this together and using the tours and facilities and resources of and facilities and resources of a global company being able to take decisions and move more quickly and that is what this is all about. is an increasingly competitive market using to be a few years behind the opposition in europe and not some electric carts come from china now, how are you going to stand out? the mustang technolo: going to stand out? the mustang technology to _ going to stand out? the mustang technology to make _ going to stand out? the mustang technology to make that - going to stand out? the mustang technology to make that car - technology to make that car wasn't available at the time before than in the volume we wanted and the technology to make that and it wasn't available before it would think now is the right time and it is really on the market of electric cars meeting notes the right time we do need to make them distinctive as more and more people go electric, we want them to do it because they
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want them to do it because they want them to do it because they want the vehicle and not because they forced to. to settle is — because they forced to. to settle is $3 billion this year at one point he turned around and start making money from this? , , ., ., and start making money from this? ., ., , ., , and start making money from this? ., ,, this? typical for a start up is that you _ this? typical for a start up is that you lose _ this? typical for a start up is that you lose money - this? typical for a start up is that you lose money before | this? typical for a start up is i that you lose money before you make money. the division stands alone we look for that exactly. you make money we both scale and for supply chain in place to make a compelling product that people want to buy the right price and that is so you make money. right price and that is so you make money-— right price and that is so you make money. and electric cars are progressing _ make money. and electric cars are progressing but _ make money. and electric cars are progressing but it - make money. and electric cars are progressing but it is i make money. and electric cars are progressing but it is not i are progressing but it is not seamless at the moment, the shortages of raw material in this going to be more as more competitors going to the market and i do make sure that is in the near future growth as an electric car company?- the near future growth as an electric car company? over 2 million vehicles _ electric car company? over 2 million vehicles and - electric car company? over 2 million vehicles and we i electric car company? over 2 million vehicles and we want | electric car company? over 2 i million vehicles and we want to make by the end of 2026, that requires a huge amount of resources we have secured him to pursue but we need the next
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couple of years researching what we need about 70% of the way there now and it's going to be really critical to move up and down the supply chain and secure that smaller companies are going to struggle with that because the amount of materials required unprecedented in making the contracts and getting them earlier on the critical. . ~ , getting them earlier on the critical. . ,, , ., , getting them earlier on the critical. w , .,' ., critical. kicking us off on thursday. _ critical. kicking us off on thursday, co-hosted i critical. kicking us off on thursday, co-hosted by| thursday, co—hosted by australia and new zealand, teams from europe and the americas and asia will be on oceana and 20,000 to to slow sales new zealand and the business reporter said is this. the workable kick off this thursday with new zealand's football takes norway. by the stadiums or games are being held was the madison hamilton and wilmington and despite this
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event and have it in park invested 21 million us dollars upgrading this facility is that of the cup the organisers have had to get out about 20,000 tickets just to fill the stadiums and very few of the games are sold out and those that are all involved new zealand with the spirit this lack of demand? it’s zealand with the spirit this lack of demand?— lack of demand? it's been challenging _ lack of demand? it's been challenging across - lack of demand? it's been challenging across all i lack of demand? it's been challenging across all the | lack of demand? it's been i challenging across all the cost of living presence in new zealand and decisions being made. arenas have to be built over time and throughout the tournament, but with some of the women's rugby world cup and the women's rugby world cup and the cricket world cup, of the tournament, interest increased. when it ticket sales, its desire for new zealanders, defence of the travel and fear,
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we are firmly in territory, this is a soccer loving nation as a result the former prime minister, telling her social media followers to jump online and join in. media followers to jump online andjoin in. despite media followers to jump online and join in. despite all of these troubles and it comes to filling the stadiums, this world cup is expected to be the largest attended women sporting event of all time. twitter is lost on most of its advertising revenue after it was bought by elon musk. the owner of the social media platform admitted that the company had not seen the increase in net revenue that had been expected injune. but he added thatjuly was looking a bit more promising. twitter is facing fierce competition from a rival app which is 150 million users. its connection to instagram gives the meta— platform access to a potential 2 billion users. that is all we have on this report
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and you can keep up with the latest news by visiting us on the website. thank you for watching. mending the skydive, no pressure. the train started 18 months ago and most of that is been accuracy lending. the sky is a big place you have a huge room for error. what is crucially important is that you get the landings correct and everyone is safe and everybody is falling as they should. fill is falling as they should. all of them, — is falling as they should. all of them, including chris have
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landed safely. fist of them, including chris have landed safely.— landed safely. at the skydive into my waiting _ landed safely. at the skydive into my waiting on _ landed safely. at the skydive into my waiting on a - landed safely. at the skydive| into my waiting on a beautiful sunday— into my waiting on a beautiful sunday morning. we into my waiting on a beautiful sunday morning.— into my waiting on a beautiful sunday morning. we hope to have a new world _ sunday morning. we hope to have a new world record _ sunday morning. we hope to have a new world record for— sunday morning. we hope to have a new world record for most i sunday morning. we hope to have a new world record for most to i a new world record for most to skydive into a wedding venue. after that, skydive into a wedding venue. afterthat, it skydive into a wedding venue. after that, it is time to get married. after that, it is time to get married-— after that, it is time to get married. .,, , , , married. the most stressful time of the _ married. the most stressful time of the day _ married. the most stressful time of the day so - married. the most stressful time of the day so far? i married. the most stressful. time of the day so far? calm, cool and _ time of the day so far? calm, cool and collected. _ time of the day so far? calm, cool and collected. to - time of the day so far? calm, cool and collected. to bigger| cool and collected. to bigger the plane was considerably more stressful— the plane was considerably more stressful than this stop at what _ stressful than this stop at what you think about them doing this? _ what you think about them doing this? ., ., ., . , this? having a little fancy thin , this? having a little fancy thin, i this? having a little fancy thing. i get _ this? having a little fancy thing, i get the _ this? having a little fancy thing, i get the big i this? having a little fancy thing, i get the big fancy | thing, i get the big fancy dress and he gets the big fancy dive, i'mjust dress and he gets the big fancy dive, i'm just happy that he is that between good and as long as they are safe, they can do it whenever.
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it feels like nothing else, cl feels )nships as a bout whether cl feels like ips as a bout whether cl feels like nothing bout whether it's freedom, you're the person cl feels like nothing else, rvhether or not djokovic would cl feels like nothing else, rvhether is making better craft fly. she or freedom, cwould cl feels like nothing else, rvhether or freedom, you'red cl feels like nothing else, rvhether or freedom, you're the person it's freedom, you're the person is making loves to fly, to help other women find a place wherejesus is still very much a world. 4.7% in the uk, it is very important to bring people together, feel like that they can support and inspire each other get more women involved. these are some of the female pilots that catherine is connected with through her
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initiation.— connected with through her initiation. ., ., ., , initiation. and organisations like elevate _ initiation. and organisations like elevate her _ initiation. and organisations like elevate her to _ initiation. and organisations like elevate her to raise i like elevate her to raise awareness of this career or hobby if that is what you are interested in. i give the resources to one marked at. learning to be a commercial pilot can cost up to £70,000 in charlotte is working as a ground staff to find her training. if ground staff to find her training-— ground staff to find her trainina. ., .., , training. ifi had communities like this as — training. ifi had communities like this as a _ training. ifi had communities like this as a teenager, i i like this as a teenager, i would've _ like this as a teenager, i would've learned - like this as a teenager, i would've learned so- like this as a teenager, i. would've learned so much like this as a teenager, i- would've learned so much more at a younger— would've learned so much more at a younger age _ would've learned so much more at a younger age that _ would've learned so much more at a younger age that could i at a younger age that could potentially _ at a younger age that could potentially be _ at a younger age that could potentially be a _ at a younger age that could potentially be a lot - at a younger age that could potentially be a lot furtherl potentially be a lot further into — potentially be a lot further into my _ potentially be a lot further into my career. _ hello and welcome to sportsday — i'm lizzie grenwood hughes a new king at wimbledon, as carlos alcaraz ends years of djokovic domination.
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the washes will with australia as england just lose the penultimate game. and rory rises to the top, just in time for this week's open championship. so lots of brilliant sport for you and we're of course starting with tennis, because carlos alcaraz is the new men's wimbledon singles champion. the young spaniard fought back from the set down against the 7 time winner novak djokovic to win in 5 sets. it's alcaraz�*s first wimbledon title and it ends years of djokovic dominance on centre court. here's our reporter chetan pathak who's been following the action there all week. all the talk going into these championships as a bout whether
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